Nintendo ?Has Lost Its Mojo?, Is In ?World Of Trouble ... - Games Thirst

Wii U has been underperforming without meaningful competition on the market, so what happens when PS4 and Xbox One launches later this year? According to Wedbush Morgan Securities analysts, Michael Pachter, there?s not much Nintendo can do, and that the company is in ?a world of trouble?.

That?s what Pachter told ABC New 10?in a recent talk, adding that the company waited too long to launch an HD competitor to PS3 and Xbox 360.

Nintendo?s in trouble right now. Nintendo, I think, waited two years too long to launch a competitive, high definition console?I think by the time they did launch a console which stacks up really well, the other two guys [Sony and Microsoft] passed them by, and I think they?re in a world of trouble right now.

The publishers are pretty excited to support the Xbox One and the PS4 ? they really didn?t say anything about the Wii U. And we know EA has no games in development for Wii U.

If Activision pulls support; if you see Ubisoft, you see Take-Two pull support, the Wii U is a Nintendo-only gaming device which is they way they were back with the Nintendo Entertainment System in 1985. They?re not going to sell a lot of consoles if they don?t have games like FIFA and Battlefield and Call of Duty and Grand Theft Auto.

I think they are at the bottom of a huge mountain with a huge uphill climb, I don?t think they?re going to get that mojo back, I think these two guys [Sony and Microsoft] are passing them by. There?s PS4 priced fifty bucks more than a Wii U. I mean, why would anyone buy a Wii U, unless they just have to play Nintendo games?

I think the way it shakes out is, anyone who buys a Wii U who really is a hardcore gamer is going to buy a PS4 or an Xbox One in addition so they can play those third party titles that they love, so I think Nintendo becomes a distant third in this console race.

Does Pachter make some valid points? Do you think Nintendo will ever see its former glory? Share your thoughts.

Source: http://www.gamesthirst.com/2013/07/05/nintendo-has-lost-its-mojo-is-in-world-of-trouble-pachter/?utm_source=rss&utm_medium=rss&utm_campaign=nintendo-has-lost-its-mojo-is-in-world-of-trouble-pachter

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